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Banking Court III Karachi Summons: Faysal Bank Ltd v. Imdad Ali Memon — Suit No. 168/2026
Banking Court III Karachi Summons · Karachi · Dawn,
Notice advertisement published in Dawn on Friday, 2 October 2026, listed under Karachi. Issued by Banking Court III Karachi Summons. The last date printed on the advertisement is Friday, 6 November 2026.
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Banking Court No. III, Karachi (Before Mrs. Naushaba Kazi) has issued a summons in Suit No. 168 of 2026. Faysal Bank Limited has instituted a recovery suit against Imdad Ali Memon for amounts claimed under the Financial Institutions (Recovery of Finances) Ordinance, 2001.
| Case | Suit No. 168 of 2026 |
|---|---|
| Plaintiff | Faysal Bank Limited (Faysal House; Faysal Bank Main Branch, 16th Abdullah Haroon Road, near Marriott Hotel, Karachi) |
| Defendant | Imdad Ali Memon S/O Hamid Ali Memon; Business address: Jiya Enterprises (Proprietorship), Office No.02, Plot No.7, Street No.9, Khayaban-e-Jami, Phase-VII, DHA, Karachi |
| Amount Claimed | Rs. 1,926,122.91 (balance of principal and markup) |
| Legal Provision | Section 9, Financial Institutions (Recovery of Finances) Ordinance, 2001 |
| Relief Sought | Recovery of amounts due; decree may be obtained if defendant defaults |
| Hearing Date & Time | 2026-11-06 at 09:00 AM (Banking Court‑III, Karachi) |
| Order Date | 2026-09-29 |
| Issued By | Reader, Banking Court No. III, Karachi (by order of the Court) |
Defendant is directed to obtain leave of the Court and enter appearance within 30 days of service; leave to appear may be obtained by an application supported by affidavit or declaration showing a defence on the merits. Failure to appear may result in a decree being granted in favour of the plaintiff.
Published in Dawn on Friday, 2 October 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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